Widespread Adoption of Smartphones to Drive Vietnam Cloud Gaming Market at a CAGR of Around 22.60% During 2025-30

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The Vietnam Cloud Gaming Market size was valued at around USD 2.64 million in 2024 and is projected to reach USD 11.05 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 22.60% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The market is anticipated to grow due to factors like increasing use of smartphones, high-speed internet connectivity, government support to improve the gaming industry, and growing popularity of esports, among others. In Vietnam, cloud gaming is getting much traction with the improvement of high-speed internet connectivity. The country is improving its internet connectivity speed, enabling the country to adopt connectivity like 4G and 5G, particularly in urban areas.

Moreover, the Vietnamese government's support towards the development of 5G infrastructure as part of its national digital transformation strategy is also fueling the cloud market growth in the country. For instance, in 2024, the government allocated approximately USD 500 million to upgrade telecommunications networks, focusing on 5G deployment in key urban centers and industrial zones. Adding to that, telecom companies launching commercial 5G connections like VNPT company (Vinaphone), commercial 5G internet connectivity launched in 2024, are also boosting the gamers' cloud game experience. These crucial steps by the government, coupled with telecom companies, are completely changing the cloud game dynamics in Vietnam, attracting players who adopt cloud games as part of their gaming passion. The 5G connectivity penetration, coupled with an increase in smartphone users, is also supporting the overall market growth.

Additionally, in recent years, eSports popularity has gained significant traction in Vietnam, with 18 million out of the country’s 40 million gamers actively involved in eSports events and this number is expected to rise in coming year as both domestic and international investments continue to increase, that would support the cloud gaming market in the country, further states the research report, “Vietnam Cloud Gaming Market Size, 2025-2030.”

Vietnam Cloud Gaming Market Segmental Analysis:

Video Streaming Attracts a Large Group of Gamers

Based on the type, the market is bifurcated into File Streaming and Video Streaming. Among these, the video streaming segment dominates the market with a share of around 61% in 2024. In video streaming, cloud gamers play games with an internet connection, eliminating the need for expensive hardware or lengthy downloads, giving them smooth and clear access to the game. Video streaming also provides cost flexibility, allowing users to choose a monthly subscription to access a library of games or purchase individual games to stream on demand. This model allows them to try new games without committing to a full purchase and access high-quality titles that might otherwise be out of reach due to hardware limitations and high costs. Thus, all these factors associated with the video streaming platform of cloud gaming would support the expansion of the cloud gaming industry in Vietnam.

Smartphone Segment Captures the Largest Market Share

The smartphone segment dominates the market with a market share of around 70% in 2024. Recently, smartphone cloud games have maintained a dominant market share in Vietnam due to the country's high smartphone penetration and affordable mobile data. These cloud games offer convenience, accessibility, and a wide variety of genres that cater to casual and hardcore gamers alike.

Moreover, despite increasing disposable income in the country, certain portion of individuals are restricting themselves from buying gaming consoles, PC & laptops for enjoyment of cloud games rather they are inclining towards smartphone use to enjoy cloud game, as playing games on phone is an easy task for the them, and also they don’t need make any setup for smartphones to play the game as it requires with PCs, laptops and others. Also, smartphones provide them freedom to enjoy their games anywhere they are sitting or when they want to; it’s just a matter of one tap.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Nvidia Corporation, Microsoft Corporation, Blacknut, Electronics Arts Korea, Tencent Holdings Limited, Sony Interactive Entertainment LLC, VNG Corporation, Ubisoft Entertainment SA, and others, are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across Vietnam?
4. How has the industry been evolving in terms of geography & service adoption?
5. How has the competition been shaping up across Vietnam?
6. How have buying behavior, customer inclination, and expectations from service providers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?